Updated from 9:22 a.m. EDT

(At 3:55 p.m. EDT)

Quiet Monday?

Originally, the results of the

government's stress tests

were scheduled to be released on Monday, but now that they've been delayed until Thursday afternoon, the week might be off to a relatively quiet start.

There will still be a handful of earnings reports and economic data to sort through.

Sprint Nextel

(S) - Get Report



(ETR) - Get Report


Tyson Foods

(TSN) - Get Report

are among the few companies set to report quarterly results ahead of Monday's opening bell.

Several more companies will report after the end of trading Monday, including





(MCK) - Get Report





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However, none of these stock names have the same cachet as an


(AAPL) - Get Report



(GOOG) - Get Report



(T) - Get Report



(WMT) - Get Report


Meanwhile, traders will only have to contend with two economic releases during Monday's session, both due at 10 a.m. EDT. The March read on construction spending is expected to decline to 1.4% from 0.9% in February. Additionally, pending home sales data for March should come in unchanged after a 2.1% increase in February.

In terms of conferences and events,

Research in Motion

( RIMM) is set to hold its Capital Markets Day at 9 a.m. EDT, and both

Sears Holdings




( MOT) will be holding their annual shareholder meetings.

Of course, we'll have to monitor all of the other major news items on Monday and throughout the rest of the week:


bankruptcy proceedings, the health of

General Motors

(GM) - Get Report

, whether banks have enough capital on hand to satisfy the government, and whether my hometown Red Sox can continue their early-season domination of the Yankees.

Well, maybe that last item isn't that important to the rest of you.

(At 9:01 a.m. EDT)

Stress Test Results Delayed: Report


is reporting that the

Federal Reserve

will postpone the release of results of

stress tests on the biggest U.S. banks

while executives debate preliminary findings with examiners, citing government and industry officials. Originally, the plan was to release the results on Monday.

Should we be scared? Regulators and bank CEOs are reportedly concerned about how the disclosure of information is handled because weaker institutions could suffer a collapse in their stock prices, the news agency notes. The stress tests are being done to identify potential shortfalls in capital.

Bank stocks were trading uneven in the premarket session on the news.

Bank of America

(BAC) - Get Report

was losing 1.7%, while


(C) - Get Report

was adding 2.3% and both

Wells Fargo

(WFC) - Get Report


JPMorgan Chase

(JPM) - Get Report

shares were up 0.2%.

The stress test news wasn't the reason Citigroup shares were trading higher, though. The bank said Friday that it has reached a definitive agreement to sell its Japanese domestic securities business, conducted principally through

Nikko Cordial

, to

Sumitomo Mitsui

for about 545 billion yen ($5.6 billion). Citigroup said the total cash value of the deal to the bank is $7.9 billion.

Auto Sales Data in Focus

Hot on the heels of the

Chrysler bankruptcy

protection announcement, automakers were again in the headlines as the monthly auto sales data for April will be released.

General Motors

(GM) - Get Report

, Chrysler,


(F) - Get Report



(TM) - Get Report

will post monthly results throughout the day.

While all the doom and gloom surrounding the auto sector probably has everyone fearing how bad the auto sales for April will be,


said the data may show that the auto industry in the U.S. is "picking up much-needed momentum." April new-vehicle sales, including fleet sales, are expected to be 859,000 units, a 30.8% decrease from last April,


said, but a 0.5% increase sequentially.

Earnings Roundup

Among the quarterly earnings results released before Friday's opening bell,


(CVX) - Get Report

reported a

64% decline in first-quarter earnings

that nonetheless bested Wall Street expectations. Earnings of 92 cents a share beat the Thomson Reuters average estimate of 81 cents a share. Shares were off 0.2% in premarket trading.


(MA) - Get Report


profit fell 18% in the first quarter

, but earnings of $2.80 a share beat the Thomson Reuters average estimate of $2.61 a share. Revenue slipped 2.2% to $1.2 billion in the quarter, though, and share of MasterCard were losing 3.8% in the premarket session.